Building a home requires specialized financing with progress payments and different structures to standard home loans. Construction loan specialists understand builder contracts, progress draw schedules, and council requirements.
Why Use a Construction Loans Specialist?
- Progress payment draw-down structures
- Land and construction package finance
- Knock-down rebuild loan expertise
- Owner-builder loan options
- Fixed price contract requirements
Construction Loans Brokers in Warner
Stephen Dionysius
Mortgage Broker
0407 072 612
Courtney Pavey
Mortgage Broker
0401 609 519
Thomas Radvanszki
RB-Finance Solutions
0484 616 969
Dion Fernandes
Mortgage Broker
0419 371 577
Patrick Cranshaw
North Brisbane Home Loans
0434 891 952
Timothy Allen
Moreton Bay Finance Broker
0439 755 160
Asheeka Bhardwaj
Mortgage Broker
0402 704 586
Matt Rynn
C5Finance
Frequently Asked Questions
How do construction loan repayments work?
During construction, you typically only pay interest on funds drawn. Once complete, the loan converts to a standard principal and interest home loan.
What deposit do I need for a construction loan?
Most lenders require 20% of the total cost (land + build). Some allow less with LMI. You'll also need funds for council fees and other costs.
Can I get a construction loan for an owner-builder project?
Yes, but options are more limited. Lenders typically require higher deposits and may have stricter requirements for owner-builders.